Quick look 32 | Reliance Retail acquires a 96% stake in Urban Ladder and more news

Siddharth Mathew Cherian | Updated on November 15, 2020

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Decor Solutions Private Limited (Urban Ladder) for a cash consideration of ₹182.12 crore.

Nitish Kumar is set to return as the Chief Minister of Bihar for a record fourth term. The NDA has unanimously elected Kumar as its leader in the state legislature.

India’s Covid-19 caseload has gone past the 88-lakh mark, while the number of people who have recuperated from the disease has crossed 82 lakh, pushing the national recovery rate to 93.09 per cent.

The total number of coronavirus cases mounted to 88,14,579 with 41,100 of those reported in a day, while the death toll climbed to 1,29,635 with 447 new fatalities as of Sunday.

Iconic Bengali actor Soumitra Chatterjee died on Sunday after over-a-month-long battle with multiple ailments.

Published on November 15, 2020

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